Wednesday 13 July 2016

Kuwait May Coordinate With Saudis on $20 Billion Bond Clash - Bloomberg

Kuwait May Coordinate With Saudis on $20 Billion Bond Clash - Bloomberg:

"Kuwait is open to liaising with neighboring Saudi Arabia on its planned debt sale as the two OPEC nations prepare to test investor appetite for about $20 billion of bonds.
“If it’s required and if our advisers think we should coordinate in terms of timing we would do that,’’ Kuwaiti Finance Minister Anas Al-Saleh said in a phone interview Monday, referring to the country’s plan to raise as much as $9.9 billion in September. “We have very strong ties.’’"



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